Background Information

The Development Bank of Rwanda (BRD) Plc is Rwanda’s only National Development Bank mandated to support Rwanda’s Vision 2050 development agenda. Over the past five years, the bank has registered exponential growth contributing to socio-economic development, strengthening institutional and human capacity, fostering corporate governance and risk management practices.

The Bank is implementing the revised strategic plan for 2024-2028 which is appropriately aligned to the country’s strategic direction enabling the Bank to unlock better value creation for its stakeholders by supporting entrepreneurs, addressing market failures, and impactful socioeconomic development.

To deliver on its bold vision and impactful objectives, the Bank’s expanded and refocused mandate is underpinned on four strategic focus areas:

• Availing transformational finance.
• Increasing green financing for a resilient future.
• Driving scale and impact.
• Fostering innovation and technology.

To achieve its strategic mandate, BRD recognizes the importance of strengthening its human and institutional capital to drive sustainable development and ensure the Bank remains a center of excellence in the financial sector.

BRD is committed to respecting gender equality and disability norms. We promote gender-responsive practices. Qualified candidates particularly females and persons living with disabilities are encouraged to apply.

To help accomplish this ambitious and exciting vision, the Development Bank of Rwanda (BRD) would like to recruit suitable qualified candidates to fill the following positions:

Inspection Officer (1)

Job Title: Inspection Officer Job Grade: JG G-Officer

Institution: BRD

Department: Education Portfolio Department

Reports to: Manager, Inspection

Direct Reports: N/A Indirect Reports: N/A

Purpose of the Job:

The purpose of the position is to undertake Inspection reviews as per the approved inspection plan to ensure the achievement of the plan objectives and timelines.An Inspection officer is responsible for organizing the inspection of employers and self-employed beneficiaries regarding compliance with study loan repayment laws and regulations.

Main Responsibilities of the Job:

• Conduct inspection by preparing the inspection plan, inspection notice, participating in the kick-off meeting, and developing the inspection program.
• Conduct regular on-site inspections of beneficiaries who are employed or self-employed to verify their loan repayment compliance.
• Review and examine loan repayment records, academic records, and employment contracts to ensure accuracy and compliance.
• Prepare detailed reports on inspection findings, compliance status, and recommendations for improvement.
• Apply sanctions, administrative fine, or legal actions as per Ministerial order as enforcement measures for beneficiaries and employers who persistently fail to meet loan repayment obligations.
• Collaborate with the recovery unit and other relevant stakeholders to share information and coordinate efforts to improve loan repayment compliance.
• Provide guidance and assistance to beneficiaries and employers regarding loan repayment declaration and how to use the MINUZA system in the declaration and payment process.
• Stay updated on loan repayment policies, regulations, and industry best practices to ensure the inspection procedures are up-to-date and effective.
• Maintain accurate and confidential records of inspections, investigations, and loan repayment compliance status.
• Participate in educational outreach programs to increase awareness among beneficiaries and employers about loan repayment responsibilities and the importance of compliance.

Performance indicators

• Quality and completeness of inspection reports
• Timely completion of the inspection assignments
• Timely submission of inspection findings
• Ensure timely responses to client complaints and claims to facilitate the closure of assignments within the required timeframe.
• Reliability of the inspection report
• Use of clear, objective, and professional language

Working relationships

• Education department -recovery unit
• Disbursement Unit
• Other relevant stakeholders

Professional, academic qualifications and experience

• Bachelor’s degree in finance/accounting or any related field from a recognized Institution
• Completed or pursuing an Association of Charted Certified Accountants (ACCA)/Certified Public Accountant (CPA) is an added advantage.
• Having at least four years of experience in external auditing, with proven knowledge and strong recommendations.

Core competencies

• Exceptional attention to detail and analytical skills.
• Ability to interpret and apply relevant laws, regulations, and policies related to study loan beneficiaries and loan repayment.
• Ability to apply and interpret various Excel formulas during the identification of study loan beneficiaries
• Excellent communication and interpersonal abilities to engage with study loan beneficiaries, employers, and other stakeholders effectively
• Proficiency in using computer applications, including spreadsheet software and databases.
• Having positive, self-driven attitude and willingness to learn

• Conduct inspection by preparing the inspection plan, inspection notice, participating in the kick-off meeting, and developing the inspection program.
• Conduct regular on-site inspections of beneficiaries who are employed or self-employed to verify their loan repayment compliance.
• Review and examine loan repayment records, academic records, and employment contracts to ensure accuracy and compliance.
• Prepare detailed reports on inspection findings, compliance status, and recommendations for improvement.
• Apply sanctions, administrative fine, or legal actions as per Ministerial order as enforcement measures for beneficiaries and employers who persistently fail to meet loan repayment obligations.
• Collaborate with the recovery unit and other relevant stakeholders to share information and coordinate efforts to improve loan repayment compliance.
• Provide guidance and assistance to beneficiaries and employers regarding loan repayment declaration and how to use the MINUZA system in the declaration and payment process.
• Stay updated on loan repayment policies, regulations, and industry best practices to ensure the inspection procedures are up-to-date and effective.
• Maintain accurate and confidential records of inspections, investigations, and loan repayment compliance status.
• Participate in educational outreach programs to increase awareness among beneficiaries and employers about loan repayment responsibilities and the importance of compliance.

• Exceptional attention to detail and analytical skills.
• Ability to interpret and apply relevant laws, regulations, and policies related to study loan beneficiaries and loan repayment.
• Ability to apply and interpret various Excel formulas during the identification of study loan beneficiaries
• Excellent communication and interpersonal abilities to engage with study loan beneficiaries, employers, and other stakeholders effectively
• Proficiency in using computer applications, including spreadsheet software and databases.
• Having positive, self-driven attitude and willingness to learn

• Bachelor’s degree in finance/accounting or any related field from a recognized Institution
• Completed or pursuing an Association of Charted Certified Accountants (ACCA)/Certified Public Accountant (CPA) is an added advantage.
• Having at least four years of experience in external auditing, with proven knowledge and strong recommendations.